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| Novak, Patrick J.; Wachenheim, Cheryl J.; DeVuyst, Eric A.; Lambert, David K.. |
| Co-products of processing agricultural commodities are often marketed through private transaction rather than through public markets or those in which public transaction information is recorded or available. The resulting lack of historical price information prohibits the use of positive time series techniques to estimate demand. Demand estimates for co-products are of value to both livestock producers, who obtain them for use in livestock rations, and processors, who must sell or otherwise dispose of them. Linear programming has long been used, first by researchers and later as a mainstream tool for nutritionists and producers, to formulate least cost livestock rations. Here it is used as a normative technique to estimate step function demand... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; Demand and Price Analysis. |
| Ano: 2001 |
URL: http://purl.umn.edu/36172 |
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| Wachenheim, Cheryl J.; Novak, Patrick J.; DeVuyst, Eric A.; Lambert, David K.. |
| Co-products of processing agricultural commodities are often marketed through private transaction rather than through public markets or those in which public transaction information is recorded or available. The resulting lack of historical price information prohibits the use of positive time series techniques to estimate demand. Demand estimates for co-products are of value to both livestock producers, who obtain them for use in livestock rations, and processors, who must sell or otherwise dispose of them. Linear programming has long been used, first by researchers and later as a mainstream tool for nutritionists and producers, to formulate least-cost livestock rations. Here it is used as a normative technique to estimate step function demand... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Co-products; Demand estimation; Econometrics; Linear programming; Agribusiness. |
| Ano: 2001 |
URL: http://purl.umn.edu/23488 |
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